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Susequent Event - New Singapore Lease
3 Months Ended
Mar. 31, 2013
Subsequent Events [Abstract]  
Subsequent Events [Text Block]

 

 

17.  SUBSEQUENT EVENT – NEW SINGAPORE LEASE:

 

In April 2013, we entered into a new lease agreement for our existing 20,000 square foot Singapore facility that will become effective on July 25, 2013.  The new agreement provides that we will lease the facility through July 24, 2016.  Future minimum lease payments due under the lease agreement are approximately $1.3 million.  We estimate an increase in average annual rental expense over the term of the new lease of approximately $60,000.   At the end of the lease period in 2016, we will have the option to renew the lease for an additional 3 years.